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today harry reid counting savings in his plan from our drawdown in iraq and afghanistan. that sounds good. banking and expected trillion dollars that won't be spent when we withdraw from iraq and afghanistan. the only number crunchers say think can get that is with withdrawals. the plan is raising broader questions about our role in the middle east. the future in the region, and every president's propensity to proclaim their desire to get us out of the middle east while escalating and investing war in oil-richç monarchies that we depend on or energy resources. our specialist today, an award-winning journalist who spent four decades coving terrorism, turmoil and most recently the drive for democracy in the islamic world. her new book "rock the casbah" documenting you new counterjihad. we welcome you to the conversation. tell wlaus a countergee shaud? >> the most important wave of empowerment in the early 21st century. we soo it play out in the uprising across the arab world but also happen kind of culture change, ridiculing extremists. plays out among playwrighting and p
today harry reid counting savings in his plan from our drawdown in iraq and afghanistan. that sounds good. banking and expected trillion dollars that won't be spent when we withdraw from iraq and afghanistan. the only number crunchers say think can get that is with withdrawals. the plan is raising broader questions about our role in the middle east. the future in the region, and every president's propensity to proclaim their desire to get us out of the middle east while escalating and investing...
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Jul 25, 2011
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let's talk about the debt ceiling, afghanistan -- >> a music guy. >> amazing. >> forget about it! >> seriously. >> i am not kidding, she's incredible. >> do you have any other news we can't use? >> no. >> let's watch that again. >> i want to hear "free man in par paris." >> she is good at the guitar. >> you started in your 20s yes. >> did you grow up like donna summer, singing in the church? >> no. my family sat around and sang. that's what we do. this is over sharing. >> no, it's not. >> who did you look op to musically? >> patty griffin. girls from austin. i love them so much. if i saw them here -- >> savannah! >> i am surprised. peel back this onion and there are so many layers. >> america already loved you, and now we don't know what to do with you're so great. >> she will be reciting poetry next hour. >> coming up, chuck schumer. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the n
let's talk about the debt ceiling, afghanistan -- >> a music guy. >> amazing. >> forget about it! >> seriously. >> i am not kidding, she's incredible. >> do you have any other news we can't use? >> no. >> let's watch that again. >> i want to hear "free man in par paris." >> she is good at the guitar. >> you started in your 20s yes. >> did you grow up like donna summer, singing in the church? >> no. my family...
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Jul 25, 2011
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first up, president obama faced critical decisions on the debt and afghanistan the last few weeks and all the while the geniuses who ran his 2008 campaign have been huddled with their maps and polls, figuring out how to put together a repeat victory. what's the anatomy of a re-election win for obama. he has 4-5, 81% of the people who voted for him last night according to a june nbc poll. what happened to the other 20% of obama's 2008 voters and how does he win them back? let's look at three skenl elements in the anatomy of the obama electorate. in the 2008 exit polls, obama got 66% of voters under 30. now he has just 56% of the under 30's. good? maybe not good enough. another key in the anatomy, suburban voters. any 08 exit polls, 50% of suburbanites went for obama. now he's down to 141%. final will laveragee pin in the obama win n '08 he had 52% of independents. now he has just 43% of independents. john, you wrote game changer about how he did it last time. how do they put, the geniuses out there in chicago and washington, humenty dumpty together again? >> they will be happy to hear
first up, president obama faced critical decisions on the debt and afghanistan the last few weeks and all the while the geniuses who ran his 2008 campaign have been huddled with their maps and polls, figuring out how to put together a repeat victory. what's the anatomy of a re-election win for obama. he has 4-5, 81% of the people who voted for him last night according to a june nbc poll. what happened to the other 20% of obama's 2008 voters and how does he win them back? let's look at three...
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Jul 25, 2011
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he wasn't talking about the dead in iraq or afghanistan there are two reasons for that. because then vietnam's there were 300 dead very few daughters were the sons of people all around the country because there was a draft and that made a huge difference. >> dma the good point* about the changes of media over that period of time because i remember recently watching wonder two years ago this my a co-author brought some videos back when he was on the cbs news and i was struck by the amount of very serious discussion of issues going on in the sound bites going on for longer and people were allowed to speak for longer and they were much more in depth and it really struck me because as a child was watching this put the amazing change of the focus. >> we have time for two more questions. >> you have mentioned it was such a remarkable difference the way those presidents responded which mrs. suni was sent to their political party but it was there a suggestion that when president medicated with what happened on the previous presidents response? >> yes. each one learns from the ot
he wasn't talking about the dead in iraq or afghanistan there are two reasons for that. because then vietnam's there were 300 dead very few daughters were the sons of people all around the country because there was a draft and that made a huge difference. >> dma the good point* about the changes of media over that period of time because i remember recently watching wonder two years ago this my a co-author brought some videos back when he was on the cbs news and i was struck by the amount...
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well i think it will convince more people in afghanistan the war is helping them but the is that true the killing and injuring more and more people as you said in your introduction the latest un report shows the last six months have been the most deadly since the war in afghanistan started for the civilian. the real problem i think is that we have to make this an issue not just in afghanistan where people are very aware of what is happening but also here in britain where much of business isn't very much for paul two zero zero zero for nato as part of the military coalition in afghanistan they did promise to reduce civilian casualties are received that it's not actually working. well actually the policy of the americans in the last year has been to increase airstrikes and therefore the civilian casualties of increased at least in part because of this so isn't working isn't going to work when you have a war where the reserves growing insurgency will be all sorts of people who are victims of this and children are obviously one of the worst of the casualties the only solution to this is t
well i think it will convince more people in afghanistan the war is helping them but the is that true the killing and injuring more and more people as you said in your introduction the latest un report shows the last six months have been the most deadly since the war in afghanistan started for the civilian. the real problem i think is that we have to make this an issue not just in afghanistan where people are very aware of what is happening but also here in britain where much of business isn't...
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just got a new ambassador to afghanistan today ryan crocker was sworn in as the new u.s. ambassador to the war stricken country and he's starting out with a bang already making some pretty strong statements first starters crocker has already explained that there will be no rush to exit from the country and then he went on to say we have no interest in permanent bases in afghanistan we will stay as long as we need to and not one day more what exactly does that mean and frankly that comment is caught many people off guard including myself because of all of the statements about staying however long we need to in afghanistan despite that two thousand and fourteen deadline after all there are plenty of reasons why the u.s. would have an interest in keeping a permanent base there first of all there's this there are relations between the u.s. and pakistan and then there's the fact that afghanistan itself is nowhere near stable in fact many predict that the country will descend into violence the second america reduces their presence in any significant way and listen to how senato
just got a new ambassador to afghanistan today ryan crocker was sworn in as the new u.s. ambassador to the war stricken country and he's starting out with a bang already making some pretty strong statements first starters crocker has already explained that there will be no rush to exit from the country and then he went on to say we have no interest in permanent bases in afghanistan we will stay as long as we need to and not one day more what exactly does that mean and frankly that comment is...
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includes cuts but nothing to entitlements, and savings in part from ending the wars eventually in iraq and afghanistan, about a trillion there. highly questionable. speaker boehner's plan has two steps in it. totals $1.2 trillion in cuts. has a six to nine month debt ceiling and cuts and another debt ceiling mechanism next year sometime.ç david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i'll give you what you want, basically? >> the democrats, without, and republican. s have drawn a line in the sand. problem is, it's inside it's republican tent. it's basically up to the bedroom. saying, we'll given you cuts, and part of reid's plan is $1.2 trillion in defense and non-defense discretionary cuts. we don't know what the cuts will be. may be real cuts in real problems, that the president and other democrats care a lot about. they have basically yielded to republicans on a big conceptual point. linking, lifting the debt ceiling to spending cuts and -- >> two things republicans still want. a dollar for dollar cut in spend
includes cuts but nothing to entitlements, and savings in part from ending the wars eventually in iraq and afghanistan, about a trillion there. highly questionable. speaker boehner's plan has two steps in it. totals $1.2 trillion in cuts. has a six to nine month debt ceiling and cuts and another debt ceiling mechanism next year sometime.ç david, seems like the president is basically saying all i want, get this out of the way before the incomes election. in that interest i'll give you what you...
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anti-war activism brian becker thinks the coalition may be losing ground in afghanistan with a number of casualties rise. they can't win by staying in fact their presence is becoming the main catalyst for the armed insurgency not only the taliban but maybe one hundred forty armed groups and they can't leave either because if they leave there will be a perception that the us and nato were defeated by an armed insurgency but this dilemma must be solved some way so ultimately the united states cannot prevail the assassination of cars eyes brother and his inner circle shows that the edifice of the karzai regime necessary at least to give it afghan face to the nato occupation that itself is now crumbling and these armed attacks these assassination attempts are designed to create panic and i think in all likelihood they are creating panic within the very heart the foundation of the karzai government the u.s. is losing grown steadily it's spending one hundred twenty billion dollars a year that's an increasing amount from the treasury that's already drained based on huge budget deficits here
anti-war activism brian becker thinks the coalition may be losing ground in afghanistan with a number of casualties rise. they can't win by staying in fact their presence is becoming the main catalyst for the armed insurgency not only the taliban but maybe one hundred forty armed groups and they can't leave either because if they leave there will be a perception that the us and nato were defeated by an armed insurgency but this dilemma must be solved some way so ultimately the united states...
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when house and afghanistan, -- went i was in afghanistan, most of my views were building roads and schools, so i attended have a positive aspect. not many americans -- the little interaction they have had has been through let's say a predator strike or something, they may have a dim view of that. it goes back to whether there were civilian casualties involved as well. my sense is there is an openness to our presence there, but how where there is more important fact we are there, i think. >> i think i would have a more pessimistic view on this. that having any data in front of me, i would venture to guess the view of the united states is probably less positive than was alluded to in the previous panel. there is a difference i think between perception of american foreign policy, what the united states cover man has been perceived as doing. and if what they're doing is considered unpopular or how individual americans are perceived. i think it is difficult to get accurate polling data. a wide view, i would venture to guess is less positive than positive. >> finally, i want to explore another a
when house and afghanistan, -- went i was in afghanistan, most of my views were building roads and schools, so i attended have a positive aspect. not many americans -- the little interaction they have had has been through let's say a predator strike or something, they may have a dim view of that. it goes back to whether there were civilian casualties involved as well. my sense is there is an openness to our presence there, but how where there is more important fact we are there, i think....
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and they swept across afghanistan controlling 90% of afghanistan. this fighting eruption -- taliban, al-qaeda -- saw four million refugees into pakistan. the introduction of a gun, kalashnikov, and drug culture. finally in 9/11, the terrible, disastrous terrorist attack on the world trade center and the u.s. military offense e in afghanistan -- offensive in afghanistan, all al-qaeda and taliban ran into the mountains and be cities of pakistan. therefore, ladies and gentlemen, religious mill tap si we saw -- militancy we saw in the east in the indian-held kashmir, religious militancy in afghanistan is followed entirely on -- has fallen entirely on pakistan in the center. this is how religious militancy was introduced. we are not the perpetrators. the situation in pakistan was perfectly normal until 1979, but things started getting disturbed after that for the reasons that i've told. pakistan, therefore, ladies and gentlemen, faces four menaces, i would say. number one is the menace of al-qaeda who are there in our mountains. but i think over time the
and they swept across afghanistan controlling 90% of afghanistan. this fighting eruption -- taliban, al-qaeda -- saw four million refugees into pakistan. the introduction of a gun, kalashnikov, and drug culture. finally in 9/11, the terrible, disastrous terrorist attack on the world trade center and the u.s. military offense e in afghanistan -- offensive in afghanistan, all al-qaeda and taliban ran into the mountains and be cities of pakistan. therefore, ladies and gentlemen, religious mill tap...
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meanwhile, the nato toll in afghanistan grew by one today. an italian paratrooper was killed in an insurgent attack in the west. so far in july, 44 international troops have been killed in afghanistan. the government of syria endorsed a draft law allowing other political parties to form. the move is part of a series of reforms president bashar al assad and his ruling ba'ath party promised in the face of a popular uprising. but the opposition has dismissed the law as largely symbolic. it came as syrian security forces detained more people in damascus and other cities for holding antigovernment protests. the maid who accused former i.m.f. chief dominique strauss- kahn of sexually assaulting her in a manhattan hotel room broke her silence today. nafissatou diallo told "newsweek," "i want him to go to jail, i want him to know there are some places you cannot use your power." she also told her side of the story in a televised interview with abc news. prosecutors have voiced concerns about her credibility, and are weighing whether to proceed with t
meanwhile, the nato toll in afghanistan grew by one today. an italian paratrooper was killed in an insurgent attack in the west. so far in july, 44 international troops have been killed in afghanistan. the government of syria endorsed a draft law allowing other political parties to form. the move is part of a series of reforms president bashar al assad and his ruling ba'ath party promised in the face of a popular uprising. but the opposition has dismissed the law as largely symbolic. it came as...
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the girls who won this year's google science fair and just how safe are the streets of afghanistan's capital. . those stories when the cbs news continues. and a i have copd. if you have it, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms... ...by keeping my airways open... ...a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and call your doctor right away if your breathing suddenly worsens,... ...your throat or tongue swells, you get hives, vision changes or eye pain,... ...or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. brea
the girls who won this year's google science fair and just how safe are the streets of afghanistan's capital. . those stories when the cbs news continues. and a i have copd. if you have it, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms... ...by keeping my airways open... ...a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment...
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i think that it will just convince more people in afghanistan that the war isn't helping them but he is actually killing and injuring more and more people so isn't working isn't going to work when you have a war where the risk of growing insurgency will be all sorts of people who are victims of versailles and children are obviously one of the worst of the casualties the only solution to this is to say you war isn't working as there is absolutely no justification for nato forces to be there and that they should withdraw the troops this is now coming up to the tenth anniversary of the war and there is absolutely no question that this war is not getting better it is getting worse it is almost certain that whatever settlement eventually comes in afghanistan it will involve the taliban in some capacity nearly everybody now recognizes this so what is the point of continuing this war the point of continuing this war is because the americans and the british and their allies cannot admit defeat in the second country after what happened in iraq that is why they're there they're there in order
i think that it will just convince more people in afghanistan that the war isn't helping them but he is actually killing and injuring more and more people so isn't working isn't going to work when you have a war where the risk of growing insurgency will be all sorts of people who are victims of versailles and children are obviously one of the worst of the casualties the only solution to this is to say you war isn't working as there is absolutely no justification for nato forces to be there and...
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150 billion for the war is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trillion. and another thing that's scored in that, since that $1 trillion in war costs is score
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of the plan that we've been operating on for a long time. $150...
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it's in afghanistan and it's in baghdad. we're building the bridges, we're building -- cleaning the rivers, providing the water and electrical systems there to the tune of $150 billion a year. bring our troops home. bring our money back to america. build america. we re-build america. there's the answer. not in this way. -- not in this way will you ever solve the deficit. and by the way this bill lays off people. 15,000 people at the e.p.a. alone. this bill will not build infrastructure. this bill will take away the infrastructure for our sanitation systems, for our water systems. that's what this bill does. my colleague from california knows full good and well what's intended here. it's to give our resources to the polluters. it's to foul our air. it's to remove the ability of the people of america, not some government in washington, but the people of america have for the last 40 years demanded clean water that their resources be protected, that the commons be protected. s the people of america that want a future that's good
it's in afghanistan and it's in baghdad. we're building the bridges, we're building -- cleaning the rivers, providing the water and electrical systems there to the tune of $150 billion a year. bring our troops home. bring our money back to america. build america. we re-build america. there's the answer. not in this way. -- not in this way will you ever solve the deficit. and by the way this bill lays off people. 15,000 people at the e.p.a. alone. this bill will not build infrastructure. this...
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. >>> in southern afghanistan officials say insurgents hanged an 8-year-old boy on friday. he was kidnapped the week before. his captors demanded his father, a police officer, give them a police vehicle. but he refused. >>> and security transition from nato to afghan troops is under way. the next province in line includes capital of kabul. seth doane took a look at the streets. >> reporter: in kabul, even when danger isn't apparent, reminders of it are everywhere. many westerners like us work in guarded compounds, walled off from the bustling streets of the capital. we're told not to spend more than 10 or 15 minutes, for instance, in a market like this one, because we just attract too much attention. the fear, of course, is car bombs or kidnappers. baking in an oven, abdul tells us, safety is always on his mind. what do you worry about? i'm worried about the explosions, he says. suicide bombers are killing a lot of innocent people. in fact, attacks against afghan civilians are up 15% in the last six months. with nearly 1500 killed since january. even something as simple as
. >>> in southern afghanistan officials say insurgents hanged an 8-year-old boy on friday. he was kidnapped the week before. his captors demanded his father, a police officer, give them a police vehicle. but he refused. >>> and security transition from nato to afghan troops is under way. the next province in line includes capital of kabul. seth doane took a look at the streets. >> reporter: in kabul, even when danger isn't apparent, reminders of it are everywhere. many...
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. >> neil: and the trillions they are talking about is baked into the cake with iraq and afghanistan. >> if i was a betting guy, they have to downgrade. >> neil: interesting. the pressure is on this gentlemen, john boehner, reacting to the president signing onboard harry reid's plan. >> our members have a two-step approach, cutting, spending and avoiding an economic collapse as a result of a default. we believe it is a responsible common sense plan that meets our obligations to the american people. and preserves the full, faith and credit of the united states government. this legislation reflects a bipartisan negotiation over the weekend. with our colleagues in the senate. as a result, of this bipartisan negotiation, i would call this plan less than perfect. but, it does ensure that the spending cuts will be greater than the hike in the debt limit. secondly, there are no tax increases that are part of this plan. it is not cut, cap and balance, but it is built on the principles of cut, cap and balance, that can pass the united states senate, as well as the united states house. time is
. >> neil: and the trillions they are talking about is baked into the cake with iraq and afghanistan. >> if i was a betting guy, they have to downgrade. >> neil: interesting. the pressure is on this gentlemen, john boehner, reacting to the president signing onboard harry reid's plan. >> our members have a two-step approach, cutting, spending and avoiding an economic collapse as a result of a default. we believe it is a responsible common sense plan that meets our...
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not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance
not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he...
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text 1 for afghanistan's female voice. this mom making a mark in independent journalism in a kourn where women have long been silenced. text two for the last draftee retires. it wasn't his choice to go to vietnam but he stayed in the army for almost four decades. next three for the history of cocaine, from miracle cure to dangerous narcotic. dr. sanjay gupta tracks the history of that white powder. the winning story will air in the next hour. >>> well, allegations of unwanted sexual advances lead to calls for an ethics investigation of an oregon lawmaker. mark preston part of the best political team on television is live from the political desk in d.c. mark, what can you tell us about the allegations against congressman david wu? >> very serious allegations, suzanne, by a young woman who has accused congressman wu of oregon of an inappropriate, improper sexual encounter. the story was first broke on friday night by the oregonian newspaper and the congressman put out a statement not denying it actually happened. in fact, he
text 1 for afghanistan's female voice. this mom making a mark in independent journalism in a kourn where women have long been silenced. text two for the last draftee retires. it wasn't his choice to go to vietnam but he stayed in the army for almost four decades. next three for the history of cocaine, from miracle cure to dangerous narcotic. dr. sanjay gupta tracks the history of that white powder. the winning story will air in the next hour. >>> well, allegations of unwanted sexual...
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it goes from our coffers directly through big shots in the afghanistan government and winds up in the pockets of the insurgents. >> we usually do that in iraq. we did it through private contractors. this time we want to try to build up the local economy by hiring local afghans that have affiliations with the local taliban that pay off the taliban not to attack the american stuff. >> why don't we just pay the taliban directly? >> might as well be. it's our money. it's $2.16 billion has gone into the pockets of the taliban, petraeus put a commission to look into it and then congressman john tierney of massachusetts chairman of the subcommittee on this of discovery, of investigation and oversight, he said this is a mess and he said that over the summer as well and now we're finally getting to the conclusion with a report complete. >> right. and in addition, apparently, to cash in some cases, we wound up the bad guys, the insurgents got guns and explosives as well. there is some good news to it even though we know it's going on. apparently, we're going to revamp the system coming up in ab
it goes from our coffers directly through big shots in the afghanistan government and winds up in the pockets of the insurgents. >> we usually do that in iraq. we did it through private contractors. this time we want to try to build up the local economy by hiring local afghans that have affiliations with the local taliban that pay off the taliban not to attack the american stuff. >> why don't we just pay the taliban directly? >> might as well be. it's our money. it's $2.16...
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a proposal of his own, to cut the deficits by counting savings by ending the what ares in iraq and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold.
a proposal of his own, to cut the deficits by counting savings by ending the what ares in iraq and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points ....
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you know, and democrats have been criticized for talking about eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all agree tax loopholes are something we can do about, that's definitely an area we compromise on without any difficulty whatsoever. but the point is putting in a system of tax reform that is simpler, flatter, less cumbersome especially for our business owners in the cost of doing business. so this is what we're looking at. but we are definitely against any tax increases, any tax increases alone. martha: all right, so goldman sachs if they don't get $4 trillion, what happens is a plan that's short of $4 trillion in real spending cuts, they're likely to downgrade their rating on u.s. debt. what do you think about that?
you know, and democrats have been criticized for talking about eliminating money with the wars in be afghanistan and iraq. that's also future looking. so i'm asking you today in terms of changes to the tax code for corporations because we know there's plenty of corporations that last year ended up paying relatively little or no taxes at all. are you putting forward anything in terms of corporate tax reform that you would be willing to undo in loop loopholes today? is. >> i think we all...
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you could pull out of iraq, afghanistan and southwest asia tomorrow. you could end up eliminating all congressional earmarks and you could eliminate all foreign aid which people think is a big number but it's not, that's about 15 to 20% of the problem. the government has grown too big, promised too much, waited too long to restructure. yes, we're going to have to have more revenues as compared to historical levels but we need to go about it in an intelligent way that will make our system fairer, more equitable, more comparative and it will promote job growth and promote innovation. last i think this, on the comeback america initiative, preemptive framework, there's an additional $500 billion for critical investments over the next two years in order to help the economic recovery and to deal with unemployment. nonetheless, the net spending reductions over the next 10 years are over 3 trillion. so, yes, we need to do some things to make sure we recover and get unemployment down but if we don't end up putting our finances in order we're going to have much
you could pull out of iraq, afghanistan and southwest asia tomorrow. you could end up eliminating all congressional earmarks and you could eliminate all foreign aid which people think is a big number but it's not, that's about 15 to 20% of the problem. the government has grown too big, promised too much, waited too long to restructure. yes, we're going to have to have more revenues as compared to historical levels but we need to go about it in an intelligent way that will make our system...
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not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he would empower a special committee to find an additional $1.60 trillion to authorize or trigger another increase in the debt ceiling. the problem with this proposal, however, it would require raising the debt ceiling by the requisite $2.40 trillion amount into the stages. that is something the president and democratic leaders after yesterday's said is a nonstarter. they say it would create too much uncertainty for the marketplace and the economy if this process had to be replaced at the beginning of next year or summer of next year. >> the house republicans made their own at last it with a cap and balance
not know exactly what is going to do, but is expected he is going to count winding down the war in afghanistan as a substantial part of the savings. that could be worth about $1 trillion over 10 years. meanwhile, john boehner is working on his own deficit- reduction debt limit increase plan. he would take -- that plan would be affected in two stages. the first would be $900 trillion or so deficit reduction package, spending cuts, paired with roughly equal amount in debt limit increase. then he...
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those are the things, the building blocks, we all have in common and you look around these clips from afghanistan to iraq to california to copenhagen, wherever it is, and you see actually everybody is frightened of death, everybody loves their children, you know, so that sense of unity is very reassuring i find, many optimistic. i'm a pessimistic european. normally i think life miserable but this made me think life is pretty great actually. >> i hate movie critics. nobody ever writes about a movie why i would want to see it. if i'm telling my buddies why they should see this movie, what's the pitch is this. >> it is a time capsule of a moment on earth and it's made into a movie, almost 4,500 hours, made into a movie. it's a series of youtube clips. well, it's actually made to feel like it's 95 minutes long and you go on a journey, you start at midnight on one day and end at midnight on the next and you experience the world in that day and you laugh and you relate to characters and i think you cry a bit. i had a screen last night at the museum of modern art, people were in floods of tears, but the
those are the things, the building blocks, we all have in common and you look around these clips from afghanistan to iraq to california to copenhagen, wherever it is, and you see actually everybody is frightened of death, everybody loves their children, you know, so that sense of unity is very reassuring i find, many optimistic. i'm a pessimistic european. normally i think life miserable but this made me think life is pretty great actually. >> i hate movie critics. nobody ever writes...